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In Delivery Month European Union Allowance (EUA) Futures Contract Specs

Contract Unit 1,000 European Union Allowances (EUAs). Each EUA is an entitlement to emit one ton of carbon dioxide- equivalent gas.
Price Quotation Euros and cents per allowance
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation 0.0025 per EUA = €2.50
Product Code CME Globex: EAF
CME ClearPort: 6T
Clearing: 6T
Listed Contracts Monthly contracts listed for 3 consecutive months, all December contracts through and including December 2025 and quarterly contracts listed for 8 consecutive quarters.
Settlement Method Deliverable
Termination Of Trading Trading terminates on the last Monday of the contract month month. If the last Monday of the contract month occurs on a UK Bank Holiday or, if a UK Bank Holiday occurs on any of the 4 days following the last Monday of the contract month, trading terminates on the penultimate Monday of the contract month. If the penultimate Monday of the contract month occurs on a UK Bank Holiday or, if a UK Bank Holiday occurs on any of the 4 days following the penultimate Monday of the contract month, trading terminates on the antepenultimate Monday of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1250
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Delivery Procedure Physical delivery occurs at the UK Emissions Trading Registry (UK Registry) two business days after the last trading day.